engcon will be exhibiting at Bauma this year, the world-leading trade fair for the construction industry, which will take place between 24-30 October in Munich, Germany. The company’s focus will be the third generation tiltrotator system that meets contractors' more stringent requirements for efficiency, reduces energy consumption and is adapted ready for the electrification of excavators.
engcon was listed on the Nasdaq Stockholm Stock Exchange on Friday the 17th of June 2022. Interest in the listing has been great from institutional investors and private individuals.
engcon, the leading global manufacturer of tiltrotators, quick couplers and accessories for excavators, will launch its third product generation in 2022. To meet future demands, the new tiltrotator system is taking progressive steps towards sustainability, applying smart technology to reduce energy consumption and is adapted, ready for the electrification of excavators.
As a further step forward in making the excavator an effective tool carrier, a newly developed compactor plate for excavators in the size 12-24 tonnes is now being launched. The PC6000 compactor plate has been adapted for use under a tiltrotator, increasing the excavator's efficiency whilst reducing risk of personal injury.
In the spring of 2022, tiltrotator manufacturer engcon will launch a lightweight pallet fork for excavators in the weight class of 2-6 metric tons. As a result, the work that can be done by these machines is further expanded, which contributes to increased efficiency and profitability.
engcon, the leading global supplier of tiltrotators, quick couplers and advanced accessories for excavators, will launch its EC-Oil quick coupler system during spring 2022 on the lower quick coupler on the tiltrotator EC206 for excavators in the 4-6 metric ton weight class. This means that hydraulics, electronics, and central lubrication are connected automatically.
Being able to connect a tiltrotator or other hydraulic tools without having to step out of the cab continues to gain in popularity. Engcon's statistics show that demand for the automatic quick coupler system with EC-Oil is increasing year on year. From 2019 - 2020, sales of Engcon's automatic quick coupler with EC-Oil have increased globally by 76 percent.
World-leading tiltrotator manufacturer Engcon continues to establish new operations around the world. The most recent opening took place in South Korea, where the company is starting up Engcon Korea Ltd with its own sales and aftermarket staff as well as a network of dealers and service partners. The official start of the company took place at Korea's largest machinery trade fair Conex Korea.
On January 28, 2021, Engcon's founder and owner Stig Engström was presented with “H.M. The King's Medal of the 12th size with a bright blue ribbon” for his significant contribution to Swedish industry. Due to the pandemic, previously H.M. The King's Medal could not be awarded in person but during a recent medal ceremony at the Royal Palace of Stockholm Stig Engström was able to receive the medal.
The construction and contractors sector in 2020 suffered both a loss of turnover and as a consequence, reduced profits. The world-leading tiltrotator manufacturer Engcon also had a reduction in turnover, but still managed to deliver better results compared to 2019, which means improved profitability for the Engcon group.
The introduction of automatic quick couplers has made it easier for excavator operators to disconnect the tiltrotator when extra digging or lifting power is required. On these occasions ground conditions may not be suitable to park the tiltrotator, so it may need to be transported some distance away from the work area. That's why Engcon is now launching a new tiltrotator stand.
Engcon, the world-leading tiltrotator manufacturer, has for the third year in a row received the award Sweden's Best Managed Companies, presented by Deloitte in collaboration with Nasdaq. “This is a proof that we run the company in a serious and long-term way. It is with pride that we receive this award”, says Krister Blomgren, CEO at Engcon.